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Orthopedic Composite-Global Market Insights and Sales Trends 2024
Synopsis
Orthopedics is that branch of medicine which treats the damages of the skeletal system, ligaments, and muscles. It comprises prosthetics (devices that substitute for a limb or joint) and orthotics (lower back support and knee braces). Since the first use of artificial legs, the orthopedics market has come a long way. The biggest leap in technology occurred in the late 1980s with the advent of composite materials in the production of orthopedic devices. Orthopedic devices made from composite materials deliver excellent features such as lightweight, durability, and corrosion resistance. Owing to these advantages, composite materials started gaining traction in sporting events such as the Paralympic and Olympic. However, the high cost of these materials is still acting as a bottleneck towards the greater adoption among the user base.
The global Orthopedic Composite market size is expected to reach US$ 1534 million by 2029, growing at a CAGR of 7.5% from 2023 to 2029. The market is mainly driven by the significant applications of Orthopedic Composite in various end use industries. The expanding demands from the Hospital, Prosthetic Clinics, Ambulatory Surgical Centers and Others, are propelling Orthopedic Composite market. Nylon Composites, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cotton Composites segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthopedic Composite, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthopedic Composite market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthopedic Composite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthopedic Composite sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthopedic Composite covered in this report include Össur, Ottobock SE, Fillauer, Steeper, Howard Orthopedics, WillowWood Global, Blatchford Prosthetics and Alchemy Composites, etc.
The global Orthopedic Composite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Össur
Ottobock SE
Fillauer
Steeper
Howard Orthopedics
WillowWood Global
Blatchford Prosthetics
Alchemy Composites
Global Orthopedic Composite market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthopedic Composite market, Segment by Type:
Nylon Composites
Cotton Composites
Acrylic Composites
Vinyl Ester Composites
Others
Global Orthopedic Composite market, by Application
Hospital
Prosthetic Clinics
Ambulatory Surgical Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Orthopedic Composite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Orthopedic Composite in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Orthopedics is that branch of medicine which treats the damages of the skeletal system, ligaments, and muscles. It comprises prosthetics (devices that substitute for a limb or joint) and orthotics (lower back support and knee braces). Since the first use of artificial legs, the orthopedics market has come a long way. The biggest leap in technology occurred in the late 1980s with the advent of composite materials in the production of orthopedic devices. Orthopedic devices made from composite materials deliver excellent features such as lightweight, durability, and corrosion resistance. Owing to these advantages, composite materials started gaining traction in sporting events such as the Paralympic and Olympic. However, the high cost of these materials is still acting as a bottleneck towards the greater adoption among the user base.
The global Orthopedic Composite market size is expected to reach US$ 1534 million by 2029, growing at a CAGR of 7.5% from 2023 to 2029. The market is mainly driven by the significant applications of Orthopedic Composite in various end use industries. The expanding demands from the Hospital, Prosthetic Clinics, Ambulatory Surgical Centers and Others, are propelling Orthopedic Composite market. Nylon Composites, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cotton Composites segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthopedic Composite, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthopedic Composite market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthopedic Composite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthopedic Composite sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthopedic Composite covered in this report include Össur, Ottobock SE, Fillauer, Steeper, Howard Orthopedics, WillowWood Global, Blatchford Prosthetics and Alchemy Composites, etc.
The global Orthopedic Composite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Össur
Ottobock SE
Fillauer
Steeper
Howard Orthopedics
WillowWood Global
Blatchford Prosthetics
Alchemy Composites
Global Orthopedic Composite market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthopedic Composite market, Segment by Type:
Nylon Composites
Cotton Composites
Acrylic Composites
Vinyl Ester Composites
Others
Global Orthopedic Composite market, by Application
Hospital
Prosthetic Clinics
Ambulatory Surgical Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Orthopedic Composite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Orthopedic Composite in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Orthopedic Composite Market Overview
1.1 Orthopedic Composite Product Overview
1.2 Orthopedic Composite Market Segment by Type
1.2.1 Nylon Composites
1.2.2 Cotton Composites
1.2.3 Acrylic Composites
1.2.4 Vinyl Ester Composites
1.2.5 Others
1.3 Global Orthopedic Composite Market Size by Type
1.3.1 Global Orthopedic Composite Market Size Overview by Type (2018-2029)
1.3.2 Global Orthopedic Composite Historic Market Size Review by Type (2018-2023)
1.3.3 Global Orthopedic Composite Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Orthopedic Composite Sales Breakdown by Type (2018-2023)
1.4.2 Europe Orthopedic Composite Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Orthopedic Composite Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Orthopedic Composite Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Orthopedic Composite Sales Breakdown by Type (2018-2023)
2 Global Orthopedic Composite Market Competition by Company
2.1 Global Top Players by Orthopedic Composite Sales (2018-2023)
2.2 Global Top Players by Orthopedic Composite Revenue (2018-2023)
2.3 Global Top Players by Orthopedic Composite Price (2018-2023)
2.4 Global Top Manufacturers Orthopedic Composite Manufacturing Base Distribution, Sales Area, Product Type
2.5 Orthopedic Composite Market Competitive Situation and Trends
2.5.1 Orthopedic Composite Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Orthopedic Composite Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Orthopedic Composite as of 2022)
2.7 Date of Key Manufacturers Enter into Orthopedic Composite Market
2.8 Key Manufacturers Orthopedic Composite Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Orthopedic Composite Status and Outlook by Region
3.1 Global Orthopedic Composite Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Orthopedic Composite Historic Market Size by Region
3.2.1 Global Orthopedic Composite Sales in Volume by Region (2018-2023)
3.2.2 Global Orthopedic Composite Sales in Value by Region (2018-2023)
3.2.3 Global Orthopedic Composite Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Orthopedic Composite Forecasted Market Size by Region
3.3.1 Global Orthopedic Composite Sales in Volume by Region (2024-2029)
3.3.2 Global Orthopedic Composite Sales in Value by Region (2024-2029)
3.3.3 Global Orthopedic Composite Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Orthopedic Composite by Application
4.1 Orthopedic Composite Market Segment by Application
4.1.1 Hospital
4.1.2 Prosthetic Clinics
4.1.3 Ambulatory Surgical Centers
4.1.4 Others
4.2 Global Orthopedic Composite Market Size by Application
4.2.1 Global Orthopedic Composite Market Size Overview by Application (2018-2029)
4.2.2 Global Orthopedic Composite Historic Market Size Review by Application (2018-2023)
4.2.3 Global Orthopedic Composite Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Orthopedic Composite Sales Breakdown by Application (2018-2023)
4.3.2 Europe Orthopedic Composite Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Orthopedic Composite Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Orthopedic Composite Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Orthopedic Composite Sales Breakdown by Application (2018-2023)
5 North America Orthopedic Composite by Country
5.1 North America Orthopedic Composite Historic Market Size by Country
5.1.1 North America Orthopedic Composite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Orthopedic Composite Sales in Volume by Country (2018-2023)
5.1.3 North America Orthopedic Composite Sales in Value by Country (2018-2023)
5.2 North America Orthopedic Composite Forecasted Market Size by Country
5.2.1 North America Orthopedic Composite Sales in Volume by Country (2024-2029)
5.2.2 North America Orthopedic Composite Sales in Value by Country (2024-2029)
6 Europe Orthopedic Composite by Country
6.1 Europe Orthopedic Composite Historic Market Size by Country
6.1.1 Europe Orthopedic Composite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Orthopedic Composite Sales in Volume by Country (2018-2023)
6.1.3 Europe Orthopedic Composite Sales in Value by Country (2018-2023)
6.2 Europe Orthopedic Composite Forecasted Market Size by Country
6.2.1 Europe Orthopedic Composite Sales in Volume by Country (2024-2029)
6.2.2 Europe Orthopedic Composite Sales in Value by Country (2024-2029)
7 Asia-Pacific Orthopedic Composite by Region
7.1 Asia-Pacific Orthopedic Composite Historic Market Size by Region
7.1.1 Asia-Pacific Orthopedic Composite Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Orthopedic Composite Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Orthopedic Composite Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Orthopedic Composite Forecasted Market Size by Region
7.2.1 Asia-Pacific Orthopedic Composite Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Orthopedic Composite Sales in Value by Region (2024-2029)
8 Latin America Orthopedic Composite by Country
8.1 Latin America Orthopedic Composite Historic Market Size by Country
8.1.1 Latin America Orthopedic Composite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Orthopedic Composite Sales in Volume by Country (2018-2023)
8.1.3 Latin America Orthopedic Composite Sales in Value by Country (2018-2023)
8.2 Latin America Orthopedic Composite Forecasted Market Size by Country
8.2.1 Latin America Orthopedic Composite Sales in Volume by Country (2024-2029)
8.2.2 Latin America Orthopedic Composite Sales in Value by Country (2024-2029)
9 Middle East and Africa Orthopedic Composite by Country
9.1 Middle East and Africa Orthopedic Composite Historic Market Size by Country
9.1.1 Middle East and Africa Orthopedic Composite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Orthopedic Composite Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Orthopedic Composite Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Orthopedic Composite Forecasted Market Size by Country
9.2.1 Middle East and Africa Orthopedic Composite Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Orthopedic Composite Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Össur
10.1.1 Össur Company Information
10.1.2 Össur Introduction and Business Overview
10.1.3 Össur Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Össur Orthopedic Composite Products Offered
10.1.5 Össur Recent Development
10.2 Ottobock SE
10.2.1 Ottobock SE Company Information
10.2.2 Ottobock SE Introduction and Business Overview
10.2.3 Ottobock SE Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Ottobock SE Orthopedic Composite Products Offered
10.2.5 Ottobock SE Recent Development
10.3 Fillauer
10.3.1 Fillauer Company Information
10.3.2 Fillauer Introduction and Business Overview
10.3.3 Fillauer Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fillauer Orthopedic Composite Products Offered
10.3.5 Fillauer Recent Development
10.4 Steeper
10.4.1 Steeper Company Information
10.4.2 Steeper Introduction and Business Overview
10.4.3 Steeper Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Steeper Orthopedic Composite Products Offered
10.4.5 Steeper Recent Development
10.5 Howard Orthopedics
10.5.1 Howard Orthopedics Company Information
10.5.2 Howard Orthopedics Introduction and Business Overview
10.5.3 Howard Orthopedics Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Howard Orthopedics Orthopedic Composite Products Offered
10.5.5 Howard Orthopedics Recent Development
10.6 WillowWood Global
10.6.1 WillowWood Global Company Information
10.6.2 WillowWood Global Introduction and Business Overview
10.6.3 WillowWood Global Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WillowWood Global Orthopedic Composite Products Offered
10.6.5 WillowWood Global Recent Development
10.7 Blatchford Prosthetics
10.7.1 Blatchford Prosthetics Company Information
10.7.2 Blatchford Prosthetics Introduction and Business Overview
10.7.3 Blatchford Prosthetics Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Blatchford Prosthetics Orthopedic Composite Products Offered
10.7.5 Blatchford Prosthetics Recent Development
10.8 Alchemy Composites
10.8.1 Alchemy Composites Company Information
10.8.2 Alchemy Composites Introduction and Business Overview
10.8.3 Alchemy Composites Orthopedic Composite Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Alchemy Composites Orthopedic Composite Products Offered
10.8.5 Alchemy Composites Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Orthopedic Composite Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Orthopedic Composite Industrial Chain Analysis
11.4 Orthopedic Composite Market Dynamics
11.4.1 Orthopedic Composite Industry Trends
11.4.2 Orthopedic Composite Market Drivers
11.4.3 Orthopedic Composite Market Challenges
11.4.4 Orthopedic Composite Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Orthopedic Composite Distributors
12.3 Orthopedic Composite Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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